This thread will give you some answers...
http://www.serveroptions.com/ubb/Forum16/HTML/000664.html
Basically, the cartridge is still "in the works". Saeed has a shooting range in his basement, and a number of people used to come by to shoot a .460 Weatherby he had. Once people started getting used to that level of recoil, Saeed got a .577 Tyrannosaur. Anticipating that the novelty of the .577 might eventually wear off, he had a .700 Nitro built. There are very few takers on that one, but ever striving for improvement Saeed has designed a 1.008 cartridge. As components are in short supply for a 'big-inch', it is still being worked on.
I have a feeling that once it comes to fruition, it will be in 'as new' condition for a long, long time!
Canuck